Goldern rules in stock investment:
Golden rule 1: Never in position to lose money.
Golden rule 2: Be greedy when others are fearful and vice versa.
Golden rule 3: Carefully do research before buying any stocks.
Golden rule 4: Invest only in business you understand.
Golden rule 5: Don’t try to time the market. Don’t try to find the top and the bottom of market.
Golden rule 6: Follow a disciplined investment method.
Golden rule 7: Don’t let your emotion cloud your judgement.
Golden rule 8: Diversify your investment portfolio.
Golden rule 9: You need to have a realistic expectation.
Golden rule 10: Invest only your surplus funds.
Golden rule 11: Monitor rigorously your portfolio.
Golden rule 12: Determine right time to buy and sell stocks.
Golden rule 13: Invest only in liquid stocks.
Golden rule 14: Focus on stock value, not stock price.
Golden rule 15: Buy and sell continuously is the fastest way lead you to bankrupt.
Golden rule 16: Never buy stocks when they are dropping.